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Independent Bank Corporation Message Board

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  • keeperoftheq keeperoftheq Dec 9, 2009 3:27 PM Flag

    My FBC Common went from 750 Million to 3 Billion shares.

     

    The bank is well capitalized and staying.

    The conversion of preferred shares are already factored into the PPS.

    Over 2 million shares are short. When the shorts cover, we will rally.

    If we rally without the shorts, the short will be forced to cover and fuel the ride up even faster.

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